27.8 USD
+0.14 (+0.51%)
27.7 USD
-0.1 (-0.36%)
We assign a fundamental rating of 6 out of 10 to DBX. DBX was compared to 276 industry peers in the Software industry. While DBX has a great profitability rating, there are quite some concerns on its financial health. A decent growth rate in combination with a cheap valuation! Better keep an eye on DBX.
1. Profitability
1.1 Basic Checks
In the past year DBX was profitable.
DBX had a positive operating cash flow in the past year.
Of the past 5 years DBX 4 years were profitable.
In the past 5 years DBX always reported a positive cash flow from operatings.
1.2 Ratios
DBX has a better Return On Assets (17.97%) than 94.20% of its industry peers.
DBX has a Return On Invested Capital of 59.34%. This is amongst the best in the industry. DBX outperforms 99.28% of its industry peers.
The Average Return On Invested Capital over the past 3 years for DBX is significantly above the industry average of 10.78%.
The last Return On Invested Capital (59.34%) for DBX is above the 3 year average (17.97%), which is a sign of increasing profitability.
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| ROA | 17.97% | ||
| ROE | N/A | ||
| ROIC | 59.34% |
ROA(3y)15.53%
ROA(5y)9.34%
ROE(3y)N/A
ROE(5y)N/A
ROIC(3y)17.97%
ROIC(5y)15.1%
1.3 Margins
Looking at the Profit Margin, with a value of 19.87%, DBX belongs to the top of the industry, outperforming 82.97% of the companies in the same industry.
DBX's Profit Margin has improved in the last couple of years.
DBX's Operating Margin of 24.57% is amongst the best of the industry. DBX outperforms 89.86% of its industry peers.
In the last couple of years the Operating Margin of DBX has grown nicely.
DBX has a better Gross Margin (80.66%) than 82.25% of its industry peers.
In the last couple of years the Gross Margin of DBX has grown nicely.
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| OM | 24.57% | ||
| PM (TTM) | 19.87% | ||
| GM | 80.66% |
OM growth 3Y10.3%
OM growth 5YN/A
PM growth 3Y4.48%
PM growth 5YN/A
GM growth 3Y1.29%
GM growth 5Y1.86%
2. Health
2.1 Basic Checks
DBX has a Return on Invested Capital (ROIC), which is well above the Cost of Capital (WACC), which means it is creating value.
The number of shares outstanding for DBX has been reduced compared to 1 year ago.
DBX has less shares outstanding than it did 5 years ago.
DBX has a worse debt/assets ratio than last year.
2.2 Solvency
Based on the Altman-Z score of 0.46, we must say that DBX is in the distress zone and has some risk of bankruptcy.
Looking at the Altman-Z score, with a value of 0.46, DBX is doing worse than 69.20% of the companies in the same industry.
The Debt to FCF ratio of DBX is 3.10, which is a good value as it means it would take DBX, 3.10 years of fcf income to pay off all of its debts.
DBX has a Debt to FCF ratio of 3.10. This is in the better half of the industry: DBX outperforms 63.77% of its industry peers.
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| Debt/Equity | N/A | ||
| Debt/FCF | 3.1 | ||
| Altman-Z | 0.46 |
ROIC/WACC5.92
WACC10.02%
2.3 Liquidity
A Current Ratio of 0.57 indicates that DBX may have some problems paying its short term obligations.
Looking at the Current ratio, with a value of 0.57, DBX is doing worse than 92.03% of the companies in the same industry.
A Quick Ratio of 0.57 indicates that DBX may have some problems paying its short term obligations.
The Quick ratio of DBX (0.57) is worse than 91.30% of its industry peers.
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| Current Ratio | 0.57 | ||
| Quick Ratio | 0.57 |
3. Growth
3.1 Past
DBX shows a strong growth in Earnings Per Share. In the last year, the EPS has been growing by 26.32%, which is quite impressive.
DBX shows a strong growth in Earnings Per Share. Measured over the last years, the EPS has been growing by 38.64% yearly.
Looking at the last year, DBX shows a decrease in Revenue. The Revenue has decreased by -0.44% in the last year.
The Revenue has been growing by 8.93% on average over the past years. This is quite good.
EPS 1Y (TTM)26.32%
EPS 3Y17.94%
EPS 5Y38.64%
EPS Q2Q%23.33%
Revenue 1Y (TTM)-0.44%
Revenue growth 3Y5.7%
Revenue growth 5Y8.93%
Sales Q2Q%-0.69%
3.2 Future
Based on estimates for the next years, DBX will show a small growth in Earnings Per Share. The EPS will grow by 2.92% on average per year.
The Revenue is expected to decrease by -1.17% on average over the next years.
EPS Next Y13.69%
EPS Next 2Y10.24%
EPS Next 3Y7.86%
EPS Next 5Y2.92%
Revenue Next Year-1.21%
Revenue Next 2Y-0.9%
Revenue Next 3Y-0.75%
Revenue Next 5Y-1.17%
3.3 Evolution
When comparing the EPS growth rate of the last years to the growth rate of the upcoming years, we see that the growth is decreasing.
When comparing the Revenue growth rate of the last years to the growth rate of the upcoming years, we see that the growth is decreasing.
4. Valuation
4.1 Price/Earnings Ratio
The Price/Earnings ratio is 9.65, which indicates a very decent valuation of DBX.
DBX's Price/Earnings ratio is rather cheap when compared to the industry. DBX is cheaper than 88.41% of the companies in the same industry.
DBX is valuated cheaply when we compare the Price/Earnings ratio to 26.51, which is the current average of the S&P500 Index.
A Price/Forward Earnings ratio of 9.11 indicates a reasonable valuation of DBX.
Based on the Price/Forward Earnings ratio, DBX is valued cheaper than 89.49% of the companies in the same industry.
DBX's Price/Forward Earnings ratio indicates a rather cheap valuation when compared to the S&P500 average which is at 23.13.
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| PE | 9.65 | ||
| Fwd PE | 9.11 |
4.2 Price Multiples
Compared to the rest of the industry, the Enterprise Value to EBITDA ratio of DBX indicates a rather cheap valuation: DBX is cheaper than 85.87% of the companies listed in the same industry.
95.29% of the companies in the same industry are more expensive than DBX, based on the Price/Free Cash Flow ratio.
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| P/FCF | 7.85 | ||
| EV/EBITDA | 11.48 |
4.3 Compensation for Growth
DBX's low PEG Ratio(NY), which compensates the Price/Earnings for growth, indicates a rather cheap valuation of the company.
DBX has an outstanding profitability rating, which may justify a higher PE ratio.
PEG (NY)0.71
PEG (5Y)0.25
EPS Next 2Y10.24%
EPS Next 3Y7.86%
5. Dividend
5.1 Amount
DBX does not give a dividend.
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| Dividend Yield | 0% |
27.8
+0.14 (+0.51%)
Chartmill FA Rating
GICS SectorInformation Technology
GICS IndustryGroupSoftware & Services
GICS IndustrySoftware
Earnings (Last)
Earnings (Next)
Inst Owners111.23%
Inst Owner Change-1.55%
Ins Owners6.23%
Ins Owner Change-1.82%
Market Cap7.19B
Revenue(TTM)2.53B
Net Income(TTM)502.50M
Analysts50
Price Target28.83 (3.71%)
Short Float %13.3%
Short Ratio6.31
Dividend
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| Dividend Yield | 0% |
Yearly DividendN/A
Dividend Growth(5Y)N/A
DPN/A
Div Incr Years0
Div Non Decr Years0
Ex-DateN/A
Surprises & Revisions
EPS beat(2)2
Avg EPS beat(2)12.22%
Min EPS beat(2)11.32%
Max EPS beat(2)13.12%
EPS beat(4)4
Avg EPS beat(4)12.9%
Min EPS beat(4)11.32%
Max EPS beat(4)15.74%
EPS beat(8)8
Avg EPS beat(8)11.94%
EPS beat(12)12
Avg EPS beat(12)11.32%
EPS beat(16)16
Avg EPS beat(16)10.18%
Revenue beat(2)2
Avg Revenue beat(2)0.45%
Min Revenue beat(2)0.16%
Max Revenue beat(2)0.74%
Revenue beat(4)2
Avg Revenue beat(4)0.1%
Min Revenue beat(4)-0.26%
Max Revenue beat(4)0.74%
Revenue beat(8)2
Avg Revenue beat(8)-0.19%
Revenue beat(12)4
Avg Revenue beat(12)-0.08%
Revenue beat(16)5
Avg Revenue beat(16)-0.11%
PT rev (1m)-0.09%
PT rev (3m)0.78%
EPS NQ rev (1m)-1.15%
EPS NQ rev (3m)3.71%
EPS NY rev (1m)4.46%
EPS NY rev (3m)4.43%
Revenue NQ rev (1m)0%
Revenue NQ rev (3m)0.81%
Revenue NY rev (1m)0.63%
Revenue NY rev (3m)0.63%
Valuation
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| PE | 9.65 | ||
| Fwd PE | 9.11 | ||
| P/S | 2.84 | ||
| P/FCF | 7.85 | ||
| P/OCF | 7.73 | ||
| P/B | N/A | ||
| P/tB | N/A | ||
| EV/EBITDA | 11.48 |
EPS(TTM)2.88
EY10.36%
EPS(NY)3.05
Fwd EY10.97%
FCF(TTM)3.54
FCFY12.73%
OCF(TTM)3.6
OCFY12.93%
SpS9.77
BVpS-5.92
TBVpS-7.83
PEG (NY)0.71
PEG (5Y)0.25
Graham NumberN/A
Profitability
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| ROA | 17.97% | ||
| ROE | N/A | ||
| ROCE | 69.59% | ||
| ROIC | 59.34% | ||
| ROICexc | N/A | ||
| ROICexgc | N/A | ||
| OM | 24.57% | ||
| PM (TTM) | 19.87% | ||
| GM | 80.66% | ||
| FCFM | 36.22% |
ROA(3y)15.53%
ROA(5y)9.34%
ROE(3y)N/A
ROE(5y)N/A
ROIC(3y)17.97%
ROIC(5y)15.1%
ROICexc(3y)69.99%
ROICexc(5y)80.12%
ROICexgc(3y)N/A
ROICexgc(5y)N/A
ROCE(3y)21.07%
ROCE(5y)17.71%
ROICexgc growth 3YN/A
ROICexgc growth 5YN/A
ROICexc growth 3Y-15.6%
ROICexc growth 5YN/A
OM growth 3Y10.3%
OM growth 5YN/A
PM growth 3Y4.48%
PM growth 5YN/A
GM growth 3Y1.29%
GM growth 5Y1.86%
F-Score4
Asset Turnover0.9
Health
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| Debt/Equity | N/A | ||
| Debt/FCF | 3.1 | ||
| Debt/EBITDA | 2.57 | ||
| Cap/Depr | 9.3% | ||
| Cap/Sales | 0.57% | ||
| Interest Coverage | 250 | ||
| Cash Conversion | 119.86% | ||
| Profit Quality | 182.25% | ||
| Current Ratio | 0.57 | ||
| Quick Ratio | 0.57 | ||
| Altman-Z | 0.46 |
F-Score4
WACC10.02%
ROIC/WACC5.92
Cap/Depr(3y)17.74%
Cap/Depr(5y)24.54%
Cap/Sales(3y)1.13%
Cap/Sales(5y)1.78%
Profit Quality(3y)165.94%
Profit Quality(5y)N/A
High Growth Momentum
Growth
EPS 1Y (TTM)26.32%
EPS 3Y17.94%
EPS 5Y38.64%
EPS Q2Q%23.33%
EPS Next Y13.69%
EPS Next 2Y10.24%
EPS Next 3Y7.86%
EPS Next 5Y2.92%
Revenue 1Y (TTM)-0.44%
Revenue growth 3Y5.7%
Revenue growth 5Y8.93%
Sales Q2Q%-0.69%
Revenue Next Year-1.21%
Revenue Next 2Y-0.9%
Revenue Next 3Y-0.75%
Revenue Next 5Y-1.17%
EBIT growth 1Y22.21%
EBIT growth 3Y16.58%
EBIT growth 5YN/A
EBIT Next Year27.88%
EBIT Next 3Y7.37%
EBIT Next 5Y8.46%
FCF growth 1Y22.16%
FCF growth 3Y7.53%
FCF growth 5Y17.4%
OCF growth 1Y19.56%
OCF growth 3Y7%
OCF growth 5Y11.09%
DROPBOX INC-CLASS A / DBX FAQ
What is the ChartMill fundamental rating of DROPBOX INC-CLASS A (DBX) stock?
ChartMill assigns a fundamental rating of 6 / 10 to DBX.
Can you provide the valuation status for DROPBOX INC-CLASS A?
ChartMill assigns a valuation rating of 9 / 10 to DROPBOX INC-CLASS A (DBX). This can be considered as Undervalued.
Can you provide the profitability details for DROPBOX INC-CLASS A?
DROPBOX INC-CLASS A (DBX) has a profitability rating of 9 / 10.
What is the expected EPS growth for DROPBOX INC-CLASS A (DBX) stock?
The Earnings per Share (EPS) of DROPBOX INC-CLASS A (DBX) is expected to grow by 13.69% in the next year.